DAKTRONICS INC (DAKT) Stock Fundamental Analysis
NASDAQ:DAKT - Nasdaq - US2342641097 - Common Stock - Currency: USD
DAKT gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 124 industry peers in the Electronic Equipment, Instruments & Components industry. DAKT has an excellent profitability rating, but there are some minor concerns on its financial health. DAKT has a valuation in line with the averages, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
In the past year DAKT was profitable.
DAKT had a positive operating cash flow in the past year.
In the past 5 years DAKT has always been profitable.
DAKT had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
DAKT has a Return On Assets (1.89%) which is in line with its industry peers.
The Return On Equity of DAKT (4.40%) is comparable to the rest of the industry.
DAKT's Return On Invested Capital of 15.41% is amongst the best of the industry. DAKT outperforms 93.33% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for DAKT is in line with the industry average of 8.97%.
The last Return On Invested Capital (15.41%) for DAKT is above the 3 year average (9.95%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.89% | ||
| ROE | 4.4% | ||
| ROIC | 15.41% |
ROA(3y)2.72%
ROA(5y)2.24%
ROE(3y)6.07%
ROE(5y)4.82%
ROIC(3y)9.95%
ROIC(5y)N/A
1.3 Margins
DAKT has a Profit Margin (1.29%) which is comparable to the rest of the industry.
DAKT's Profit Margin has improved in the last couple of years.
Looking at the Operating Margin, with a value of 8.58%, DAKT is in the better half of the industry, outperforming 76.67% of the companies in the same industry.
DAKT's Operating Margin has improved in the last couple of years.
Looking at the Gross Margin, with a value of 26.00%, DAKT is in line with its industry, outperforming 42.50% of the companies in the same industry.
DAKT's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 8.58% | ||
| PM (TTM) | 1.29% | ||
| GM | 26% |
OM growth 3Y44.25%
OM growth 5YN/A
PM growth 3Y23.23%
PM growth 5YN/A
GM growth 3Y2.81%
GM growth 5Y3.52%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), DAKT is creating some value.
Compared to 1 year ago, DAKT has more shares outstanding
DAKT has more shares outstanding than it did 5 years ago.
DAKT has a worse debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 4.21 indicates that DAKT is not in any danger for bankruptcy at the moment.
DAKT's Altman-Z score of 4.21 is fine compared to the rest of the industry. DAKT outperforms 67.50% of its industry peers.
The Debt to FCF ratio of DAKT is 1.65, which is an excellent value as it means it would take DAKT, only 1.65 years of fcf income to pay off all of its debts.
DAKT has a better Debt to FCF ratio (1.65) than 75.00% of its industry peers.
A Debt/Equity ratio of 0.31 indicates that DAKT is not too dependend on debt financing.
DAKT's Debt to Equity ratio of 0.31 is on the low side compared to the rest of the industry. DAKT is outperformed by 61.67% of its industry peers.
Even though the debt/equity ratio score it not favorable for DAKT, it has very limited outstanding debt, so we won't put too much weight on the DE evaluation.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.31 | ||
| Debt/FCF | 1.65 | ||
| Altman-Z | 4.21 |
ROIC/WACC1.52
WACC10.16%
2.3 Liquidity
A Current Ratio of 2.17 indicates that DAKT has no problem at all paying its short term obligations.
The Current ratio of DAKT (2.17) is comparable to the rest of the industry.
DAKT has a Quick Ratio of 1.48. This is a normal value and indicates that DAKT is financially healthy and should not expect problems in meeting its short term obligations.
The Quick ratio of DAKT (1.48) is worse than 61.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.17 | ||
| Quick Ratio | 1.48 |
3. Growth
3.1 Past
DAKT shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -34.01%.
DAKT shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 66.03% yearly.
The Revenue has grown by 8.47% in the past year. This is quite good.
DAKT shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 7.51% yearly.
EPS 1Y (TTM)-34.01%
EPS 3Y66.03%
EPS 5YN/A
EPS Q2Q%0%
Revenue 1Y (TTM)8.47%
Revenue growth 3Y19.28%
Revenue growth 5Y7.51%
Sales Q2Q%4.5%
3.2 Future
Based on estimates for the next years, DAKT will show a decrease in Earnings Per Share. The EPS will decrease by -3.79% on average per year.
Based on estimates for the next years, DAKT will show a small growth in Revenue. The Revenue will grow by 4.02% on average per year.
EPS Next Y-23.71%
EPS Next 2Y-3.79%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year3.15%
Revenue Next 2Y4.02%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
DAKT is valuated rather expensively with a Price/Earnings ratio of 17.29.
Compared to the rest of the industry, the Price/Earnings ratio of DAKT indicates a rather cheap valuation: DAKT is cheaper than 83.33% of the companies listed in the same industry.
DAKT's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 28.47.
A Price/Forward Earnings ratio of 15.22 indicates a correct valuation of DAKT.
82.50% of the companies in the same industry are more expensive than DAKT, based on the Price/Forward Earnings ratio.
DAKT is valuated cheaply when we compare the Price/Forward Earnings ratio to 92.74, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.29 | ||
| Fwd PE | 15.22 |
4.2 Price Multiples
DAKT's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. DAKT is cheaper than 87.50% of the companies in the same industry.
DAKT's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. DAKT is cheaper than 79.17% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 17.15 | ||
| EV/EBITDA | 8.61 |
4.3 Compensation for Growth
DAKT has a very decent profitability rating, which may justify a higher PE ratio.
A cheap valuation may be justified as DAKT's earnings are expected to decrease with -3.79% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-3.79%
EPS Next 3YN/A
5. Dividend
5.1 Amount
DAKT does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
DAKTRONICS INC
NASDAQ:DAKT (2/4/2025, 8:00:01 PM)
After market: 16.7 -0.07 (-0.42%)16.77
+0.71 (+4.42%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)
Earnings (Next)
Inst Owners71.41%
Inst Owner Change-0.48%
Ins Owners5.71%
Ins Owner Change0.96%
Market Cap788.02M
Analysts85.71
Price Target25.5 (52.06%)
Short Float %4.05%
Short Ratio3.34
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly Dividend0
Dividend Growth(5Y)N/A
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)46.66%
Min EPS beat(2)22.55%
Max EPS beat(2)70.78%
EPS beat(4)3
Avg EPS beat(4)35.77%
Min EPS beat(4)-53.86%
Max EPS beat(4)103.62%
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)1
Avg Revenue beat(2)5.22%
Min Revenue beat(2)-3.24%
Max Revenue beat(2)13.67%
Revenue beat(4)1
Avg Revenue beat(4)-3.63%
Min Revenue beat(4)-16.44%
Max Revenue beat(4)13.67%
Revenue beat(8)4
Avg Revenue beat(8)2.5%
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)49.25%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)0%
EPS NY rev (3m)-16.04%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-3.24%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.29 | ||
| Fwd PE | 15.22 | ||
| P/S | 0.97 | ||
| P/FCF | 17.15 | ||
| P/OCF | 12.42 | ||
| P/B | 3.31 | ||
| P/tB | 3.36 | ||
| EV/EBITDA | 8.61 |
EPS(TTM)0.97
EY5.78%
EPS(NY)1.1
Fwd EY6.57%
FCF(TTM)0.98
FCFY5.83%
OCF(TTM)1.35
OCFY8.05%
SpS17.27
BVpS5.07
TBVpS4.99
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.89% | ||
| ROE | 4.4% | ||
| ROCE | 19.5% | ||
| ROIC | 15.41% | ||
| ROICexc | 21.14% | ||
| ROICexgc | 21.47% | ||
| OM | 8.58% | ||
| PM (TTM) | 1.29% | ||
| GM | 26% | ||
| FCFM | 5.66% |
ROA(3y)2.72%
ROA(5y)2.24%
ROE(3y)6.07%
ROE(5y)4.82%
ROIC(3y)9.95%
ROIC(5y)N/A
ROICexc(3y)12.47%
ROICexc(5y)N/A
ROICexgc(3y)12.69%
ROICexgc(5y)N/A
ROCE(3y)12.6%
ROCE(5y)N/A
ROICexcg growth 3Y41.95%
ROICexcg growth 5YN/A
ROICexc growth 3Y44.63%
ROICexc growth 5YN/A
OM growth 3Y44.25%
OM growth 5YN/A
PM growth 3Y23.23%
PM growth 5YN/A
GM growth 3Y2.81%
GM growth 5Y3.52%
F-Score5
Asset Turnover1.47
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.31 | ||
| Debt/FCF | 1.65 | ||
| Debt/EBITDA | 0.84 | ||
| Cap/Depr | 89.74% | ||
| Cap/Sales | 2.16% | ||
| Interest Coverage | 19.09 | ||
| Cash Conversion | 71.21% | ||
| Profit Quality | 438.6% | ||
| Current Ratio | 2.17 | ||
| Quick Ratio | 1.48 | ||
| Altman-Z | 4.21 |
F-Score5
WACC10.16%
ROIC/WACC1.52
Cap/Depr(3y)123.3%
Cap/Depr(5y)103.63%
Cap/Sales(3y)2.93%
Cap/Sales(5y)2.68%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-34.01%
EPS 3Y66.03%
EPS 5YN/A
EPS Q2Q%0%
EPS Next Y-23.71%
EPS Next 2Y-3.79%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)8.47%
Revenue growth 3Y19.28%
Revenue growth 5Y7.51%
Sales Q2Q%4.5%
Revenue Next Year3.15%
Revenue Next 2Y4.02%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-2.91%
EBIT growth 3Y72.07%
EBIT growth 5YN/A
EBIT Next Year-5.01%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y158.48%
FCF growth 3Y-7.43%
FCF growth 5Y30.38%
OCF growth 1Y229.96%
OCF growth 3Y-1.52%
OCF growth 5Y16.44%